Tag: electricity subsidy

Electricity Subsidy Gulps N629bn in 2023

by Adetunji Tobi

May 23, 2024

Commerce

The Federal Government said it spent N628.61bn as subsidy on electricity in 2023. The power distribution companies also collected total ...

Senate Probes N2tn Electricity Subsidy, Rejects Proposed Tariff Hike

by Techeconomy

February 22, 2024

Environment

The Senate has directed the committee on power to investigate the N2tn required for electricity subsidy payment, other debts owed ...

FG Owes GenCos N1.3 trillion, Minister says Electricity Subsidy Should Be Removed

by Techeconomy

February 15, 2024

News

The Federal Government of Nigeria is indebted to the generating companies (GenCos) in the tune of 1.3 trillion naira. This ...

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